LyondellBasell (NYSE: LYB) CFO granted 20,158 RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LyondellBasell Industries N.V. executive vice president and chief financial officer Agustin Izquierdo Sabido reported equity compensation transactions in the company’s Class A ordinary shares. On February 28, 2026, he acquired 20,158 shares at $0.00 per share as a grant or award, bringing his reported direct holdings to 33,544 shares afterward.
Footnotes explain that these 20,158 shares relate to restricted stock units (RSUs) granted under the long‑term incentive plan, scheduled to vest in three equal tranches on February 28, 2027, February 28, 2028, and February 28, 2029. On February 27, 2026, 2,819 RSUs vested and 713 shares were disposed of at $57.52 per share to cover tax withholding obligations rather than an open‑market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Izquierdo Sabido Agustin
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Ordinary Shares | 20,158 | $0.00 | -- |
| Tax Withholding | Class A Ordinary Shares | 713 | $57.52 | $41K |
Holdings After Transaction:
Class A Ordinary Shares — 33,544 shares (Direct)
Footnotes (1)
- On February 27, 2026 the reporting person's restricted stock units automatically vested 2,819 shares. 713 shares were withheld by the issuer to satisfy the issuer's tax withholding obligations. Represents 6,240 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 242 granted on February 22, 2024 that vest on February 22, 2027; 182 granted on April 15, 2024 that vest on April 15, 2026; 182 granted on April 15, 2024 that vest on April 15, 2027; 2,817 granted on February 27, 2025 that vest on February 27, 2027 and 2,817 granted on February 27, 2025 that vest on February 27, 2028. Represents 26,398 restricted stock units ("RSUs") granted pursuant to the issuer's long-term incentive plan: 242 granted on February 22, 2024 that vest on February 22, 2027; 182 granted on April 15, 2024 that vest on April 15, 2026; 182 granted on April 15, 2024 that vest on April 15, 2027; 2,817 granted on February 27, 2025 that vest on February 27, 2027 and 2,817 granted on February 27, 2025 that vest on February 27, 2028. The 20,158 RSUs reported on this Form 4 vest as follows: 6,720 vest on February 28, 2027, 6,719 vest on February 28, 2028 and 6,719 vest on February 28, 2029.
FAQ
What did LyondellBasell (LYB) CFO report in this Form 4 filing?
The filing shows LyondellBasell’s CFO Agustin Izquierdo Sabido received an equity grant and a related tax withholding. He acquired 20,158 Class A ordinary shares at no cost and had 713 shares withheld to satisfy tax obligations tied to RSU vesting.
How will the 20,158 RSUs for LyondellBasell (LYB) CFO vest over time?
The 20,158 RSUs are scheduled to vest in three equal installments. According to the footnotes, 6,720 vest on February 28, 2027, 6,719 vest on February 28, 2028, and 6,719 vest on February 28, 2029 under the long-term incentive plan.
What restricted stock units (RSUs) remain outstanding for the LyondellBasell (LYB) CFO?
Footnotes state the CFO holds 26,398 RSUs granted under the long-term incentive plan. These include multiple prior grants with vesting dates in 2026, 2027, and 2028, plus the 20,158 RSUs that vest annually from 2027 through 2029.